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WTF Chart Of The Day: "Get Stocks Green" Edition

Tyler Durden's picture




 

Shortly after 3pmET, the S&P 500 was starting to test the day's lows with a heavy volume down-spike around 1508ET. That, as we know, will never do to maintain the illusion of vigor and excitement over the new Utopia we are living through and so, as if by magic, VIX was slammed a rather surprising 0.25 vols out of nowhere, dragging S&P back to VWAP and beyond... But the magic didn't work, the S&P 500 cash index closed infinitesimally red on the day despite this WTF chart...

 

 

Charts: Bloomberg

 

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Wed, 03/05/2014 - 17:26 | 4513568 NOTaREALmerican
NOTaREALmerican's picture

1) Investors taking profits?

2) Stocks close near record levels?

3) BtFD?

Wed, 03/05/2014 - 17:47 | 4513617 strannick
strannick's picture

Oil..good...for...Russia. Must..get...oil...down...

Stockprices...good...for...ponzi-farce. Must...get..SnP...up.

-Govt/Military-Industrial Complex to Fat-arsed Financiers

Wed, 03/05/2014 - 17:49 | 4513671 Soul Glow
Soul Glow's picture

It may be the last weapon the Fed has in the bag.  They have managed to keep gold's price at bay for a year and a half thanks to central planning all over the world from India to Europe and especially in the US of A.  Now can they keep a lid on both the precious metal complex and get gold down?  

Likely not.  Ol' Yellen is probably about to try to prove economic therums that are not sound.

Wed, 03/05/2014 - 17:42 | 4513645 disabledvet
disabledvet's picture

"the year without a winter in the Caucuses" (see comment below) and "the worst diplomatic effort in US History." (we side with the Revolutionaries? umm, okay. time to call for backup?)

You want me to short that? Bwhahahaha. Talk about "dollar shortages."
Friggin' fuel cell companies have all exploded in value because of this thing.
Obviously financing is not a problem...nor demand.
I could see employment because of this unprovoked aggression surging by ten million in a single year.

Oh, that diplomatic table and "all their little flags" will still be sitting there in Paris. EMPTY.
I mean...the Honor Guard when Secretary of State Kerry showed up in Paris was indeed IMPRESSIVE. "Flashing some steel"...FRENCH STYLE.

https://www.youtube.com/watch?v=KSCDkkoAKbs
hmmm. "bark is worse than its bite."
bwahahahahaha.

Wed, 03/05/2014 - 20:14 | 4514379 tniutnia
tniutnia's picture

10) Transitional

Wed, 03/05/2014 - 17:27 | 4513577 ptoemmes
ptoemmes's picture

4) Weather

Wed, 03/05/2014 - 17:33 | 4513599 Black Forest
Black Forest's picture

5a) My mom sold some.

Wed, 03/05/2014 - 17:29 | 4513584 Dr. Richard Head
Dr. Richard Head's picture

PPT - Profit Protection Terrorists

Wed, 03/05/2014 - 17:29 | 4513586 Shizzmoney
Shizzmoney's picture

5) Boobies

Wed, 03/05/2014 - 17:29 | 4513587 B2u
B2u's picture

BTFATH

Wed, 03/05/2014 - 17:31 | 4513592 Dollarmedes
Dollarmedes's picture

6) Unexpected

Wed, 03/05/2014 - 17:31 | 4513597 Skin666
Skin666's picture

6 ) Fun-durr-mentals?

Wed, 03/05/2014 - 17:32 | 4513606 JohnG
JohnG's picture

7) Overconfidence.

Wed, 03/05/2014 - 17:34 | 4513613 LawsofPhysics
LawsofPhysics's picture

8) I took profits.

 

We still can right?

Wed, 03/05/2014 - 17:47 | 4513659 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

For now.

Wed, 03/05/2014 - 17:56 | 4513702 Panem et Circus
Panem et Circus's picture

Yes for now. In the future you will not be allowed to take profits, but you will still have to pay taxes on those profits you might have made.

Wed, 03/05/2014 - 17:41 | 4513641 asteroids
asteroids's picture

It looks like the last refuge of the bear is to play VXX and such. They sure as hell can't short stawks, they get squeezed by infinite FED firepower. What a corrupt game this market is.

Wed, 03/05/2014 - 17:55 | 4513692 Panem et Circus
Panem et Circus's picture

VIXY is the only paper I own at this point. And even that I view as very short horizon stuff.

Wed, 03/05/2014 - 17:44 | 4513652 MrTouchdown
MrTouchdown's picture

Fear not, Abe will have that slight "not as green as we'd like" color fixed in a little bit here.

Wed, 03/05/2014 - 17:49 | 4513668 starman
starman's picture

Resistance is a bitch! 

Wed, 03/05/2014 - 17:55 | 4513691 dcohen
dcohen's picture

CoverOnfidence

Wed, 03/05/2014 - 18:06 | 4513706 Ham-bone
Ham-bone's picture

Why since ’08 have “foreigners” been so keen to buy incredible quantities of US Treasury public debt ($4 T increase in notes/bonds..a 350% increase) while US domestic sources have in net decreased their holdings due to relatively unattractive yields?  How did these countries function w/out massive holdings of US Treasury debt before '08??? 

Why now with the Fed tapering their QE would “foreigners” continue to hold their record positions and continue adding to them?  Absent rising interest rates and/or QE, the only buyer available is "foreigners"...and luckily they don't seemed concerned w/ a profit motive.

What do you attribute the deviation of “foreigners” viewing Treasury’s as an attractive asset vs. domestic sources who view them contrarily?  Why are "foreigners" not worried by the relatively poor yields as US states and institutions are?

Is this a stable or sustainable situation?

Is the transfer of such a large % of this mid / long term debt to “foreign” holders (55% and growing) in America’s interest?  If not, in who’s interest? Qui bono???

Increases in US Treasury debt "foreigners" have amassed (breakdown below)

 Individual country increases:

Jan '00 -      '07 -          Dec '13

$1 T  --->  $1.6 T ---> $5.6 T (cumulative "foreign" held US Treasury debt)

25% --->     40% --->    55%  (% of notes / bonds held by "foreigners")

1%  --->      1%  --->     25%  (% Fed held notes / bonds...Fed primarily held Bills until '08)

74% --->     59% --->    20%  (% domestically held notes / bonds)

180% --->   130% --->  247% (% public vs. intra-gov debt)

350% increase                         (public outstanding debt, $3.5 T to $12.4 T)

250% increase                         (intra-gov debt, $2 T to $5 T)

6.6% --->    5%    --->   2.4% (net interest rate on debt)

$300B ->  $270B ---> $223B (net interest paid on national debt)

$9.2 T --> $13.7 T --> $16.1 T (GDP = 75% increase);

$5.7 T -->  $9 T     --> $17.4 T (National debt = 305% increase )

Wed, 03/05/2014 - 18:11 | 4513778 Soul Glow
Soul Glow's picture

Because if the central banks don't buy the debt the whole house of cards falls down.

Definition of Status quo.

Wed, 03/05/2014 - 18:15 | 4513781 BringOnTheAsteroid
BringOnTheAsteroid's picture

Not sure why this is so hard for people to get. The Fed gives the money to the foreign central banks or just conjure the money themselves with which to buy US treasuries. I suspect there is a giant circle jerk happening between all aligned CB's. We're stuck in a mindset that there are rules or laws enforced.

Wed, 03/05/2014 - 18:38 | 4513784 Ham-bone
Ham-bone's picture

when the underpinnings of the $17.4 T Treasury market and the $7 T in GSE holdings / guarantee's are somewhere from partly to entirely fraudulent...why bother looking at the gnat fly of the stock market or infintesimal PM's markets???

All of this has been nationalized to the benefit of a very few and the expense of the oh so many.

THE POWER OF INFINITE MONEY IN A FINITE WORLD...BUT WHY ZH STILL FOLLOWS THE FARCE NOTING THE DAILY NOISE OF STOCKS, ETC. SEEMS UNSOPHISTICATED AND RATHER SOPHMORIC?  WHY WOULD SMART ZH CONTINUE TO REPORT ON THE FARCIAL ACTIVITIES THAT IMPLY NOTHING BUT FARCE?  WHY NOT MORE TIME SPENT ON THE CORE OF THIS CONTROL AND LESS ON IT'S PREDICTABLE OUTCOMES???

There is only $2 T of the $10 T in public outstanding notes/bonds not already owned by the Fed/"foreigner" conglomerate who both buy w/out fear of a loss...domestic owners are buying none and just winding down their remaining positions. 

This is simply a nationalized debt market, a nationalized housing market, etc. etc.  A command economy is likely most effective if the majority of people don't see it as such (same for democracy, etc.).

Wed, 03/05/2014 - 18:39 | 4513894 astoriajoe
astoriajoe's picture

Hey, a win's a win. amirightorwhat?

Wed, 03/05/2014 - 19:26 | 4514078 wakablahh
wakablahh's picture

Sucks cuz im young, 22, and can now contribute to a 401K... Record S&P 500 with shit about to go down = terrible time to enter 401K plan right?

Wed, 03/05/2014 - 20:19 | 4514398 astoriajoe
astoriajoe's picture

Another way to look at it is that you haven't had the misfortune of locking up any money in assets that will likely go down, if they aren't converted into a MyRA, then nationalized or just taken away and replaced with promises of skittles to be given when the appropriate time comes.

Life is all about how you look at things.

Wed, 03/05/2014 - 21:36 | 4514770 tomcat1762
tomcat1762's picture

Cash commodities and real estate, or productive business assets.

Wed, 03/05/2014 - 21:47 | 4514825 fzrkid
fzrkid's picture

You can change your 401k allocations online, so you go big in the market and at the first sign of trouble you change the allocations. If the FED continues to print you might as well take advantage of it.

Its your money..

Do NOT follow this link or you will be banned from the site!